Just got served on a Saturday here at home from a company called Tri-Cap Investment Partners, LLC. It seems like they purchased all of our credit cards (Bank One, Chase, JC Penney, etc) and want us to pay. We filed for bankruptcy in 2005 and it was dismissed 6 months later because we made too much money at the time.
After that, we neglected to pay our bills because my husband lost his job, I was out of work for a couple of months because of sickness and tried to pay the important bills (mortgage, utilities, cars) with the money we were receiving.
We have 30 days to respond to this summons. What should we do about it? Are they or can they garnish our wages?
We are really worried about this.
Any suggestions are welcomed.
Thanks.
Sub: #11 posted on Sun, 02/25/2007 - 05:19
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Sub: #12 posted on Sun, 02/25/2007 - 06:57
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Sub: #13 posted on Sun, 02/25/2007 - 08:17
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Sub: #14 posted on Sun, 02/25/2007 - 11:38
Quote from webpage:
Following is some important information on Florida state debt recovery laws including: Florida Statutes, Florida Judgments, Florida Garnishments, Florida Interest Rates, and Florida Bad Check Laws.
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Quote:
Interest Rate
Legal: 10%
Judgment: 10% or up to 18% if contractual
STATUTE OF LIMITATIONS (IN YEARS)
Open Account: 4
Written Contract: 5
Domestic Judgment: 7 Renewable
Foreign Judgment: 5 if not recorded instate
BAD CHECK LAWS (CIVIL PENALTY)
After 30 day demand-treble amount in addition to amount owed, bank & court costs & reasonable attorney fees.
GENERAL GARNISHMENT EXEMPTIONS
See federal law; except 100% head of household.
You should be able to find more detailed information on florida's attorney general website, or call the office and ask what you need to know. They are very helpful to consumers. Hope this helps.
Sub: #15 posted on Sun, 02/25/2007 - 12:06
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Sub: #16 posted on Sun, 02/25/2007 - 13:41
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Sub: #17 posted on Sun, 02/25/2007 - 13:43
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Sub: #18 posted on Sun, 02/25/2007 - 21:35
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Sub: #19 posted on Mon, 02/26/2007 - 03:01
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Sub: #20 posted on Mon, 02/26/2007 - 12:51